该奖项由联合国全球领导力与ESG发展中心、社会影响力投资基金会联合设立，评选遵循联合国开发计划署SDG标准和经济合作暨发展组织（OECD）可持 续发展报告框架，并依托可持续影响力评估模型，从环境、社会、治理三大维度进行独立评估，旨在表彰对实现联合国可持续发展目标作出突出贡献的企 业。 颁奖典礼与亚太经合组织（APEC）数字贸易与商业创新论坛同期举办，来自亚太地区的百余位专家学者、商界领袖和金融先锋，共同探讨可持续发展路 径。珍酒李渡此次获奖，不仅是对公司ESG实践成果的高度认可，也体现其在推动实现全球可持续发展目标的引领作用。 近年来，珍酒李渡系统推进落实ESG战略，已成为白酒行业践行可持续发展的标杆。 在环境维度，珍酒李渡率先在行业披露范围3碳排放数据，并明确提出"2850"双碳目标，成为中国白酒行业首个制定双碳目标企业。旗下珍酒、湘窖获"国家 绿色工厂"称号。今年上半年，公司用电密度同比下降8.74%，天然气消耗密度同比下降7.99%，取水强度同比下降22.57%。 近日，"联合国可持续发展目标可持续影响力"颁奖典礼在韩国济州岛举行，珍酒李渡（6979.HK）凭借在ESG领域优秀表现，荣膺最高荣誉"卓越奖 ...

12月24日，"2025贵州民营企业100强"正式揭晓。今年榜单入围门槛为6.93亿元，较2024年增加7.94%（0.51亿元）；营业收入总额2946.90亿元，资产总额 4116.03亿元，利润总额142.94亿元，同比分别增长2.78%、21.47%、16.12%。 在社会贡献方面，共吸纳就业17.38万人，有51家企业参与乡村振兴，55家企业参与"万企兴万村"行动。在科技创新方面，百强企业研发费用达到53.96亿 元，同比增加25.49%，53家企业研发费用在1000万元以上，其中8家超过1亿元。 从产业分布来看，仍以第二产业为主，且比重持续提升，新增9家。其中，制造业占据主导地位，共有62家企业入围。服务业企业数量为21家，专业技术服 务业及商务服务等现代服务业企业占比接近六成。 细分来看，有色金属冶炼和压延加工业有14家企业上榜，紧随其后的是煤炭开采和洗选业11家，化学原料和化学制品制造业9家，非金属矿物制品业7家，零 售业6家。 从地区分布来看，6个设区市、3自治州均有企业上榜。省会贵阳市以33家排名第一；其次是黔南布依族苗族自治州13家，六盘水市、遵义市各有12家，毕节 市、黔西南布依族苗族自 ...

公司在ESG领域持续深耕成果也获得国内外ESG评级机构认可：Wind ESG评级跃升至AAA级，标普 CSA ESG评分位列中国白酒行业首位，CDP气候变化与水安全问卷评级取得双"A-"，达到国际"领导力 水平"。 近日，2025"香港公司管治与环境、社会及管治卓越奖"颁奖典礼在香港举行。珍酒李渡(6979.HK)凭借 在ESG领域优秀实践，荣获"ESG卓越奖"。 该奖项由香港上市公司商会和香港浸会大学公司管治与金融政策研究中心联合评选，自2007年起每年颁 发一次，旨在表彰并鼓励香港上市公司加强公司治理和ESG管理水平，是香港地区最具权威性的奖项之 一。本届评奖竞争尤为激烈，参与公司数量再创新高。 近年来，珍酒李渡系统推进落实ESG战略，围绕环境、社会及治理三大维度持续发力，已成为白酒行业 ESG实践标杆。 在环境维度，珍酒李渡率先在行业披露范围3碳排放数据，并明确提出"2850"双碳目标，成为中国白酒 行业首个制定双碳目标企业。旗下珍酒、湘窖获"国家绿色工厂"称号。今年上半年，公司用电密度同比 下降8.74%，天然气消耗密度同比下降7.99%,取水强度同比下降22.57%。 在社会维度，珍酒李渡持续引导供 ...

短短200天，他靠着短视频、直播和线下论坛，拉来了3800家联盟商，把个人IP硬生生变成了公司最强的招商广告。 然而喧嚣背后，冰冷才是本质。 这波高流量操作的背后，是珍酒李渡一场关乎生存的主动转型。 高端遇冷 "白酒教父"又直播了。 12月9日，珍酒李渡集团董事长吴向东开启直播，累观量近980万。直播中，他不仅分享了"万商联盟"阶段性成果，还讲述了新品战略和未来规划。 此外，他还分享了"个人IP"打造历程，他将这一过程称作"我不敢"到"我可以"的个人转变。吴总在个人视频号"吴金东-珍酒李渡"中，金句频出，网感十足。 观察者网注意到，自今年7月运营以来，发布短视频118条，总播放量突破3亿。其中，超千万播放量的视频共8条，最高一条视频的播放量超5100万。 吴向东化身网红，不亦乐乎。 2025年，酒类产业进入新一轮政策调整期、消费结构转型和分化期、存量竞争的深度调整期，形成"三期叠加"的局面。 (作者/周琦 编辑/张广凯) 头部酒企增速显著放缓，中小酒企更是普遍陷入亏损加剧的困局。在行业洗牌加速的背景下，市场资源持续向头部集中，"强者恒强"的马太效应愈发凸显。 9月，珍酒李渡交出上市后最差半年报,营收、净利双下 ...

Core Viewpoint - Recently, the China Listed Companies Association announced the results of the 2025 Sustainable Development Practice Case Collection, with Zhenjiu Lidu recognized for its outstanding ESG practices as an "Excellent Practice Case for Sustainable Development" in 2025 [1][4] Group 1: Sustainable Development Practices - The case collection activity aims to summarize and highlight the latest practices and unique approaches of excellent listed companies in sustainable development, establishing exemplary models to guide mutual learning and promote the healthy development of the capital market [4] - Zhenjiu Lidu, as the first listed liquor company in Hong Kong, systematically advances sustainable development practices across the three dimensions of environment, society, and governance, becoming a benchmark for ESG practices in the liquor industry [4] Group 2: Environmental Dimension - Zhenjiu Lidu was the first in the industry to disclose carbon emission data and set a "2850" dual carbon target, becoming the first liquor company to propose such a target [4] - The company’s brands, including Zhenjiu and Xiangjiao, have been awarded the "National Green Factory" title [4] - In the first half of 2025, the company reported an 8.74% year-on-year decrease in electricity consumption density, a 7.99% decrease in natural gas consumption density, and a 22.57% decrease in water intake intensity [4] Group 3: Social Dimension - Zhenjiu Lidu continuously encourages upstream and downstream industries to practice ESG principles, implementing dynamic assessments of suppliers' ESG performance [7] - In the first half of the year, the company engaged in educational philanthropy with donations amounting to 12 million yuan [7] - The company invited renowned young actress Yao Anna to advocate for the heritage application of Chinese liquor, promoting traditional liquor culture [7] Group 4: Governance Dimension - Zhenjiu Lidu prioritizes compliance as a prerequisite for sustainable development, focusing on risk management, anti-corruption, and data security to strengthen the foundation for long-term value creation [7] - The company’s achievements in sustainable development have been recognized by authoritative domestic and international institutions, being listed in the Wind "Top 100 ESG Best Practices" for three consecutive years [7] - Zhenjiu Lidu ranks first in the liquor industry for the S&P CSA ESG score and has received dual "A-" ratings in the CDP climate change and water security questionnaires, reaching international "leadership level" [7]

Core Viewpoint - The Hong Kong Institute of Certified Public Accountants (HKICPA) awarded the "ESG Special Recognition Award" to Zhenjiu Lidu for its outstanding performance in ESG practices [1][3] Group 1: ESG Performance - Zhenjiu Lidu has become a benchmark for ESG practices in the Chinese liquor industry, systematically advancing its ESG strategy across environmental, social, and governance dimensions [1][3][5] - The company was the first in the liquor industry to disclose carbon emission data and set a "2850" dual carbon target, achieving recognition as a "National Green Factory" for its brands Zhenjiu and Xiangjiao, and a "Provincial Green Factory" for Lidu [1][3][5] - In the first half of 2025, the company reported a year-on-year decrease in electricity density by 8.74%, natural gas consumption density by 7.99%, and water intake intensity by 22.57% [1][3] Group 2: Social Contributions - Zhenjiu Lidu actively promotes ESG principles among its suppliers through dynamic assessments of their ESG performance [4] - The company focuses on rural revitalization, educational philanthropy, and intangible cultural heritage protection, exploring sustainable development models [4] - In the first half of the year, the company donated 12 million yuan for educational initiatives and engaged youth actor Yao Anna to advocate for the cultural heritage of Chinese liquor [4] Group 3: Governance Practices - Zhenjiu Lidu prioritizes compliance as a prerequisite for sustainable development, focusing on risk management, anti-corruption, and data security to ensure transparency in decision-making and accurate information disclosure [5] - The company's ongoing efforts in the ESG field have been recognized by domestic and international ESG rating agencies, achieving a Wind ESG rating of AAA and ranking first in the Chinese liquor industry in the S&P CSA ESG score [5] - The company received dual "A-" ratings in the CDP climate change and water security questionnaires, reaching an international "leadership level" [5]

Core Viewpoint - The stock of Zhenjiu Lidu (06979.HK) has seen a significant increase, rising over 6% in early trading, indicating positive market sentiment towards the company [1] Group 1 - The stock price reached 9.42 HKD, reflecting a current increase of 5.61% [1] - The trading volume amounted to 55.98 million HKD, suggesting active investor interest [1]

Core Insights - The 40th anniversary of "85 Identification" was celebrated in Zunyi, Guizhou, focusing on the inheritance and development of Chinese liquor craftsmanship [1] - The event featured discussions among industry leaders, highlighting the significance of "85 Identification" in affirming the success of Moutai's production experiments [3] Group 1: Company Performance - Zhenjiu Lidu Group has become the only publicly listed liquor company in the Hong Kong market since 2009 and is positioned among the leaders in the sauce-flavor liquor industry [3] - The company has shown positive growth this year by launching the "Da Zhen·Zhenjiu" strategic product, indicating a strong development momentum [3] Group 2: Key Success Factors - The success of Zhenjiu is attributed to both "human effort" and favorable external conditions, with a focus on talent acquisition and traditional craftsmanship [5] - Chairman Wu Xiangdong has emphasized the importance of introducing technical talent and management personnel, as well as maintaining high-quality raw material selection [5] - The company has achieved scientific, refined, and standardized management in its production facilities, laying a solid foundation for producing high-quality sauce-flavor liquor [5] Group 3: Industry Opportunities - The favorable economic conditions in China and the rising reputation of sauce-flavor liquor as a symbol of high quality present significant opportunities for the industry [5] - There is an expectation for Zhenjiu to navigate industry changes and consumer trends effectively to establish a lasting legacy [5]

Core Viewpoint - The leadership change at Zhenjiu Lidu, with Yan Tao stepping down as CEO and Tang Xiangyang taking over, is a strategic move to address the company's declining performance in the competitive liquor market [2][3][8]. Company Leadership Changes - Yan Tao will remain as Executive Director and Vice Chairman, while Tang Xiangyang, a long-time employee, will assume the CEO role [2][3]. - Tang Xiangyang's annual salary is significantly lower at 5 million RMB compared to Yan Tao's 15.388 million RMB [3]. Financial Performance - In 2024, Zhenjiu Lidu reported revenues of 7.07 billion RMB, a slight increase of 0.5%, but net profit attributable to shareholders fell by 43.1% to 1.324 billion RMB [3]. - For the first half of 2025, revenues dropped to 2.497 billion RMB, a decrease of 39.6%, with net profit down 23.5% to 574 million RMB [3]. Brand Performance - The main brands, Zhenjiu and Lidu, are experiencing revenue declines, with Zhenjiu's revenue down 44.8% to 1.492 billion RMB in the first half of 2025 [4]. - Lidu's revenue decreased by 9.4% to 611 million RMB, although it saw an increase in sales volume due to price reductions [4][5]. Market Challenges - The high-end liquor segment is under pressure, with revenues for high-end products down 47.3% and mid-range products down 30.9% in the first half of 2025 [5][6]. - The overall liquor market is facing challenges due to reduced consumer demand, particularly in business and social settings [6]. Strategic Initiatives - Zhenjiu Lidu is implementing various strategies to mitigate the impact of declining demand, including product upgrades and new brand launches [9][10]. - The company is focusing on enhancing brand management and has separated the management of core and regional brands to improve decision-making efficiency [7][9]. Inventory and Channel Pressure - As of June 30, 2025, Zhenjiu Lidu's inventory reached 8.017 billion RMB, an increase of 6.84% from the end of 2024 [11]. - The number of distributors decreased from 7,635 at the end of 2024 to 7,119 by mid-2025, indicating channel pressure [11].

Core Viewpoint - The recent CEO change at Zhenjiu Lidu reflects the company's response to poor performance under Yan Tao, with Tang Xiangyang taking over to drive operational improvements and growth [5][6]. Group 1: Leadership Changes - Yan Tao will step down as CEO but retain his role as executive director and vice chairman, while Tang Xiangyang, who previously led Lidu Liquor, will assume the CEO position [1][5]. - Tang Xiangyang, aged 57, has a history of successfully turning around Lidu Liquor, achieving over 500 million yuan in profits over the past decade [3][5]. Group 2: Financial Performance - Zhenjiu Lidu reported a revenue of 2.497 billion yuan for the first half of the year, a year-on-year decline of 39.58%, and a net profit of 575 million yuan, down 23.54%, although the net profit margin increased by 26.56% [5][10]. - The company’s performance is part of a broader trend in the Chinese liquor industry, where many firms are experiencing revenue declines [8][10]. Group 3: Market Context - The overall liquor industry is under pressure, with 20 A-share listed liquor companies reporting mixed results, where 14 experienced revenue declines, and only 6 showed growth [8][10]. - Zhenjiu Lidu's strategy to reduce costs and improve efficiency has shown some effectiveness, as indicated by the increase in profit margin despite the drop in revenue [10]. Group 4: Operational Metrics - The company has seen a decrease in retail partners, with 499 fewer retailers and 72 fewer experience stores, indicating a significant operational challenge [10]. - The revenue breakdown for the first half shows that Zhenjiu contributed approximately 1.4907 billion yuan (59.7% of total revenue), Lidu contributed about 611.7 million yuan (24.5%), and Xiangjiao contributed around 277.2 million yuan (11.1%) [10].